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Ingersoll Rand (IR) is in late-stage discussions with private equity firm Clayton Dubilier &...
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Wednesday, August 3, 2011, 9:08 AM ETIngersoll Rand (IR) is in late-stage discussions with private equity firm Clayton Dubilier & Rice to sell its refrigeration business for $750M or less, Reuters reports. The refrigeration display business is considered highly cyclical and exposed to rising raw material costs, squeezing margins in recent years.
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